To meet SEBI norms, Prudential Corp Holdings to sell 15% more shares of ICICI Pru AMC

Nimesh Shah, Managing Director, ICICI Pru AMC and Sandeep Batra, Chairman, at the company’s IPO press conference in Mumbai. Prudential Corporation Holdings will have to dilute another 15 percent in ICICI Prudential Asset Management Company over the next five years to meet the minimum public float standard of 25 percent. Currently, Prudential Corporation Holdings plans […]